Dollar Price definition
Examples of Dollar Price in a sentence
In the event that the Company irrevocably elects to redeem this Note, the "Optional Redemption Price" shall be the greater of (i) 100% of the principal amount of this Note and (ii) the Dollar Price, plus in either case accrued and unpaid interest from the SPURS Remarketing Date on the principal amount being redeemed to the date of redemption.
If the Company so elects to redeem the ROARS, the Company shall redeem the ROARS in whole on the first Remarketing Date or on any subsequent Remarketing Date at the Dollar Price plus accrued and unpaid interest, if any.
The amount of the interest for each day that the ROARS are outstanding during the Floating Rate Period will be calculated by dividing the Floating Rate Interest Rate in effect for such day by 360 and multiplying the result by the Dollar Price.
In such case, the Company shall pay to the SPURS Agent the excess of the Dollar Price of this Note over 100% of the principal amount of this Note in same-day funds by wire transfer to an account designated by the SPURS Agent on the SPURS Remarketing Date.
In the event that the Securities of this series are purchased by the Callholder, the Callholder will pay to the Trustee, in same day funds not later than 12:00 noon, New York City time, on the Initial Coupon Reset Date, or if such Coupon Reset Date is not a Business Day at such time on the next succeeding Business Day, an amount equal to 100% of the aggregate principal amount of the Securities of this series, or on the Floating Period Termination Date, an amount equal to the Dollar Price.